GA Revision for All Banking And Other Exams – 950

  1. Ministry of AYUSH in association with which of the following will set up a Department of Integrative Medicine?
    A) University College Of Medical Sciences
    B) AIIMS
    C) Maulana Azad Medical College
    D) University of Delhi
    View Answer
    Option B
    Explanation:
    Ministry of AYUSH and AIIMS have decided to initiate work on setting up a Department of Integrative Medicine at AIIMS.

  2. Where is the HQ of Cycling Federation of India situated?
    A) New Delhi
    B) Mumbai
    C) Jalandhar
    D) Solan
    View Answer
    Option A

  3. What is the currency of Uzbekistan?
    A) ruble
    B) krone
    C) som
    D) dollar
    View Answer
    Option C
    Explanation:
    Capital – Tashkent, President – Shavkat Mirziyoyev

  4. The Union Cabinet approved how much outlay for the Atmanirbhar Bharat Rojgar Yojana (ABRY) that aims at encouraging businesses to do fresh hiring amid the pandemic?
    A) Rs 20,920 crore
    B) Rs 22,810 crore
    C) Rs 23,540 crore
    D) Rs 21,530 crore
    View Answer
    Option B
    Explanation:
    The Union Cabinet approved Rs 22,810 crore outlay for the Atmanirbhar Bharat Rojgar Yojana (ABRY) that aims at encouraging businesses to do fresh hiring amid the pandemic.

  5. Under Indo-Nepal Remittance Facility what is the maximum number of times in a year that a person can remit money to Nepal?
    A) 10
    B) 12
    C) 15
    D) No such limit
    View Answer
    Option B
    Explanation:
    An originator in India is allowed to remit a maximum of 12 remittances in a year under the scheme.

  6. Who has been appointed as the new Chief of Materiel of the Indian Navy?
    A) Karambir Singh
    B) R Swaminathan
    C) G S Pabby
    D) S R Sarma
    View Answer
    Option D
    Explanation:
    Vice Admiral S R Sarma assumed charge as the Chief of Materiel of the Indian Navy.

  7. How much amount was released by the central government to 14 states as monthly instalment of post devolution revenue deficit grant in December 2020?
    A) Rs 5,034 crore
    B) Rs 6,195 crore
    C) Rs 3,652 crore
    D) Rs 4,761 crore
    View Answer
    Option B
    Explanation:
    The Centre released Rs 6,195 crore to 14 states as monthly instalment of post devolution revenue deficit grant.
    Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal are the states to whom the amount has been released.

  8. What is the name of the galaxy discovered by a team of astronomers of a Pune based university which is found to be the farthest Star galaxies in the universe?
    A) AUDFs01
    B) AOKHs01
    C) AIPLs01
    D) AEFSs01
    View Answer
    Option A
    Explanation:
    Indian astronomers have discovered one of the farthest Star galaxies in the universe in a landmark achievement. India’s first Multi-Wavelength Space Observatory ‘AstroSat’ has detected extreme-UV light from a galaxy located 9.3 billion light-years away from Earth.
    The galaxy called AUDFs01 was discovered by a team of Astronomers led by Dr Kanak Saha from the Inter-University Centre for Astronomy and Astrophysics, Pune.

  9. Where is the Hq of International Economic Association situated?
    A) Russia
    B) France
    C) Germany
    D) United Kingdom
    View Answer
    Option D
    Explanation:
    London, United Kingdom, Formed in 1950, President- Kaushik Basu
  10. When is International Day For The Abolition Of Slavery observed?
    A) December 1
    B) December 3
    C) December 2
    D) December 5
    View Answer
    Option C
    Explanation:
    The international day for the abolition of slavery is observed every year on December 2, all over the world since 1986 to raise awareness about slavery and put an end to all kinds of slavery.

  11. What will be the total investment in the 27 projects given approval by the govt. under the Pradhan Mantri Kisan SAMPADA Yojana for development of integrated cold chains and value addition infrastructure in the country?
    A) Rs 805 crore
    B) Rs 743 crore
    C) Rs 982 crore
    D) Rs 627 crore
    View Answer
    Option B
    Explanation:
    Government gave its nod to 27 projects under the Pradhan Mantri Kisan SAMPADA Yojana for development of integrated cold chains and value addition infrastructure in the country.
    These 27 new projects will leverage a total investment of Rs 743 crore for the creation of modern, innovative infrastructure and effective cold chain facilities for the food processing sector across various states including Andhra Pradesh, Bihar, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Punjab, Rajasthan, Tamil Nadu.

  12. With which of the following did BSE Ebix Insurance Broking tied up to beta launch its term insurance products on its platform?
    A) Kotak Life Insurance
    B) IDBI Federal Life Insurance
    C) Tata AIA Life Insurance
    D) ICICI Prudential Life Insurance
    View Answer
    Option D
    Explanation:
    BSE Ebix Insurance Broking, a joint venture of BSE and Ebix Fincorp Exchange, announced the beta launch of term insurance products on its platform. For this, BSE Ebix Insurance Broking has tied up with ICICI Prudential Life Insurance Co.

  13. Payments Bank are required to invest minimum _____ per cent of its “demand deposit balances” in Government securities/Treasury Bills with maturity up to one year.
    A) 25 %
    B) 50 %
    C) 75 %
    D) 100 %
    View Answer
    Option C
    Explanation:
    The payments bank cannot undertake lending activities. Apart from amounts maintained as Cash Reserve Ratio (CRR) with RBI on its outside demand and time liabilities, it will be required to invest minimum 75 per cent of its “demand deposit balances” in Government securities/Treasury Bills with maturity up to one year that are recognized by RBI as eligible securities for maintenance of Statutory Liquidity Ratio (SLR) and hold maximum 25 per cent in current and time / fixed deposits with other scheduled commercial banks for operational purposes and liquidity management.

  14. Which airlines has introduced a portable ventilator for patients with mild-to-moderate breathing issues?
    A) SpiceJet
    B) GoAir
    C) IndiGo
    D) Vistara
    View Answer
    Option A
    Explanation:
    In the wake of coronavirus outbreak, the budget airlines SpiceJet introduced a portable ventilator for patients with mild-to-moderate breathing issues. Dubbed as ‘SpiceOxy’, the compact ventilator was designed by engineers of SpiceJet Technic, a subsidiary of SpiceJet.

  15. Which insurance company has partnered with IntrCity RailYatri, a multi-modal intercity mobility platform, to offer domestic travel insurance?
    A) Bajaj Allianz General Insurance
    B) SBI General Insurance
    C) Bharti Axa General Insurance
    D) Reliance General Insurance
    View Answer
    Option B
    Explanation:
    SBI General Insurance has partnered with IntrCity RailYatri, a multi-modal intercity mobility platform, to offer domestic travel insurance.

  16. Data Security Council of India and which online payments company have released a study report on Fraud & Risk Management in Digital Payments which talks about the sophisticated online payment fraud mechanisms, threats in the payment ecosystem, etc?
    A) UnionPay
    B) NPCI
    C) PayPal
    D) CCAvenue
    View Answer
    Option C
    Explanation:
    Data Security Council of India and PayPal India, today released a study report on Fraud & Risk Management in Digital Payments.
    The e-commerce market in India is expected to grow to USD 200 bn by 2026 from USD 50 bn in 2018. UPI transactions in India have crossed 1.49 bn in volume and USD 41bn in transaction value, in July 2020.

  17. Where is the Emami Jagannath Temple situated?
    A) Kerala
    B) Odisha
    C) Sikkim
    D) Maharashtra
    View Answer
    Option B

  18. In association with which of the following did SBI Card announce launch of Octane Card, offering maximum savings to consumers who spend a significant amount on fuel?
    A) Oil and Natural Gas Corporation
    B) Indian Oil Corporation
    C) Hindustan Petroleum Corporation Ltd
    D) Bharat Petroleum Corporation Ltd
    View Answer
    Option D
    Explanation:
    SBI Card announced launch of ‘BPCL SBI Card Octane’ in association with Bharat Petroleum Corporation Ltd (BPCL), offering maximum savings to consumers who spend a significant amount on fuel.

  19. Identify the false statement.
    A) Regional Rural Banks are insured by DICGC.
    B) DICGC insures current deposits
    C) DICGC insures Deposits of Central Government
    D) All are true
    View Answer
    Option C
    Explanation:
    DICGC insures all bank deposits, such as saving, fixed, current, recurring, etc. except the following types of deposits.
    (i) Deposits of foreign Governments;
    (ii) Deposits of Central/State Governments;
    (iii) Inter-bank deposits;
    (iv) Deposits of the State Land Development Banks with the State co-operative banks;
    (v) Any amount due on account of and deposit received outside India;
    (vi) Any amount which has been specifically exempted by the corporation with the previous approval of the RBI.

  20. American animator Joe Ruby who passed away was well known for creating which animated series?
    A) Bob’s Burgers
    B) Scooby-Doo
    C) Batman: The Animated Series
    D) The Simpsons
    View Answer
    Option B
    Explanation:
    Animator and Scooby Doo co-creator Joe Ruby has died at at his home in California’s Westlake Village due to natural causes.He was 87.
    Ruby, an American animator, television editor, writer, and producer, created the much-loved characters of beloved kids show Scooby-Doo, along with his creative partner Ken Spears.

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